Union City, NJ 07087,3800 KENNEDY BLVD
Union City, NJ 07087,3800 KENNEDY BLVD
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$1,925,000

$2,200,000

12.5%
Est.Price: ?

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Est. payment /mo

7,499 SqFt


SOLD DATE : 09/18/2024

Key Details

Sold Price $1,925,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 7,499 sqft

Price per Sqft $256

MLS Listing ID 240004344

Sold Date 09/18/24

Annual Tax Amount $29,091

Lot Dimensions 61X85

Property Sub-Type Office

Property Description

Discover a prime investment opportunity in this mixed-use gem boasting parking, strategically positioned on a corner lot in the sought-after locale of Union City. Spanning an expansive 7500 sq ft, this property offers more than just space; it's an enticing prospect for savvy investors seeking value addition. The corner position ensures unparalleled visibility, attracting high traffic and footfall—an ideal canvas for commercial tenants or your envisioned business. This versatile property includes a previously occupied State Farm agency space, adding a layer of distinction. A generously sized vacant office provides flexibility for various business ventures. Ascend to an owner-occupied one-bedroom unit above, offering a perfect blend of convenience and comfort. But the allure doesn't end there. A separate 3-family building graces the same lot, housing three bedroom apartments that amplify the investment potential. With endless possibilities for optimizing gross rents, this property stands as a testament to potential returns on investment. For a deeper dive into this exceptional opportunity, don't hesitate to inquire.

Location

State NJ

County Hudson

Area Union City

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Listed by KELLER WILLIAMS CITY VIEWS
Bought with LIBERTY REALTY LLC
JJ Elek Realty Co.

+1(732) 634-9100

jjelekrealty@jjelekrealty.com

117 Main Street, United States

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